Answer: Yes. If you have a minimum price set in the Catalog QwikQuote will not allow your salespeople to go below that price. They will get a warning.
First, set the minimum price in the Catalog.

Here I tried to set the price as $55.00, again, QwikQuote would not allow me to go below the $60.00 minimum price:
You can even import your minimum price into QwikQuote, just map the field:
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